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Friday, 14 August 09
INDONESIA COAL-PRICES FALL TO $74, INDIA EYES SEPT CARGOES
.jpg) Reuters reported that, Prices of power-station coal from Australia fell to around $74 a tonne as demand eased, while Indian buyers started to look for Indonesia cargoes for delivery in September, traders said. Thermal coal prices on the globalCOAL Newcastle index, a benchmark for Asia, fell $1.57 from the week before to $74.45 a tonne on tepid demand from Asian buyers.
Indonesian bituminous coal of 6,100-6,300 kcal/kg air-dried basis (ADB) was offered at $58 a tonne, FOB mother vessel from South Kalimantan.
Indian buyers have made inquiries for cargoes in September, although demand for Indonesia high-quality coal generally eased, with bigger producers well covered on orders.
"Indian buyers were waiting for some supply orders from the government's tender. Also, there is weather problem too but things will be resolved around October," a regional trader said, referring to the monsoon season which normally runs until September.
Indian state trading entity MMTC, which buys for the majority of state power plants, has put a recent 12.5 million tonne tender on hold and may re-tender after a complaint from a trader.
A 15,000-tonne parcel of Australian coal was traded at $74 a tonne on Tuesday.
* INDONESIAN SUB-BITUMINOUS COAL
Indonesian sub-bituminous coal of 5,100-5,300 kcal/kg ADB was offered at around $36 a tonne, FOB mother vessel from Kalimantan.
Few Chinese buyers were in the market due to ample stocks after they had bought more coal in the first half of this year, an Indonesian dealer said.
But Indian buyers have started looking for cargoes of sub-bituminous coal for delivery in the fourth quarter of this year.
"We receive requests from many Indian traders asking for support letters because they want to participate in the government tenders," said an Indonesian dealer.
"They are looking for shipments in September to end of the year," he said.
Indian demand for Indonesian coal had been slow in the past weeks as buyers prefered cheaper South African cargoes.
In the domestic market, paper and cement firms were in the market for cargoes, although power plants were still struggling to reduce excess stockpiles by asking suppliers to reduce shipment volumes. (Reporting by Fitri Wulandari, Editing by Michael Urquhart)
Source: Reuters
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Monday, 31 October 22
U.S. COAL-FIRED GENERATION DECLINING AFTER BRIEF RISE LAST YEAR - EIA
We expect 6% less U.S. coal-fired generation in 2022 than in 2021, according to our latest Short-Term Energy Outlook (STEO). Although coal-fired ge ...
Monday, 31 October 22
CHINA COAL OUTPUT UP 12.3 PCT IN SEPTEMBER - XINHUA
China’s raw coal output posted stable expansion in September, official data showed.
The country produced 390 million tonnes of ...
Wednesday, 26 October 22
BIMCO PUBLISHES UPDATED GENCON CONTRACT
BIMCO has published a revised and updated version GENCON 2022 – one of its flagship contracts within its portfolio of standard contracts for ...
Monday, 24 October 22
KOSPO TO INVITE 400,000 MT OF COAL FOR 3 YEARS
COALspot.com: Korea Southern Power Co., Ltd. (KOSPO) has issued an international tender for 400,000 MT of 3,800 - 4,400kcal/kg NCV and Sulfur Max 0 ...
Wednesday, 19 October 22
ASIA COULD BE A BRIGHT SPOT AMID GLOBAL DOWNTURN NEXT YEAR, ECONOMISTS SAY - CNBC
Asia — especially Southeast Asia — remains a bright spot, even as the global economy looks set to head into recession next year, econom ...
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- Xindia Steels Limited - India
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- SMC Global Power, Philippines
- Ministry of Transport, Egypt
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- Indian Energy Exchange, India
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- Georgia Ports Authority, United States
- Meralco Power Generation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Kartika Selabumi Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- Orica Australia Pty. Ltd.
- Eastern Energy - Thailand
- Jaiprakash Power Ventures ltd
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- Coalindo Energy - Indonesia
- Sojitz Corporation - Japan
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- Carbofer General Trading SA - India
- Bayan Resources Tbk. - Indonesia
- Commonwealth Bank - Australia
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- Rio Tinto Coal - Australia
- Altura Mining Limited, Indonesia
- ICICI Bank Limited - India
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- Economic Council, Georgia
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- Electricity Authority, New Zealand
- GMR Energy Limited - India
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- Semirara Mining Corp, Philippines
- Deloitte Consulting - India
- SMG Consultants - Indonesia
- Intertek Mineral Services - Indonesia
- Siam City Cement - Thailand
- Central Electricity Authority - India
- Africa Commodities Group - South Africa
- Sree Jayajothi Cements Limited - India
- Leighton Contractors Pty Ltd - Australia
- Antam Resourcindo - Indonesia
- Global Business Power Corporation, Philippines
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- Merrill Lynch Commodities Europe
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- Lanco Infratech Ltd - India
- Bhoruka Overseas - Indonesia
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- Indonesian Coal Mining Association
- Vijayanagar Sugar Pvt Ltd - India
- Bangladesh Power Developement Board
- Price Waterhouse Coopers - Russia
- Borneo Indobara - Indonesia
- London Commodity Brokers - England
- Kobexindo Tractors - Indoneisa
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- CNBM International Corporation - China
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- Baramulti Group, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Indogreen Group - Indonesia
- Kalimantan Lumbung Energi - Indonesia
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- Posco Energy - South Korea
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- ASAPP Information Group - India
- Bulk Trading Sa - Switzerland
- GAC Shipping (India) Pvt Ltd
- Malabar Cements Ltd - India
- Metalloyd Limited - United Kingdom
- Billiton Holdings Pty Ltd - Australia
- Gujarat Mineral Development Corp Ltd - India
- Electricity Generating Authority of Thailand
- Jorong Barutama Greston.PT - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Videocon Industries ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Petron Corporation, Philippines
- Interocean Group of Companies - India
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- New Zealand Coal & Carbon
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- The University of Queensland
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- Thai Mozambique Logistica
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- Romanian Commodities Exchange
- India Bulls Power Limited - India
- The Treasury - Australian Government
- Sindya Power Generating Company Private Ltd
- Iligan Light & Power Inc, Philippines
- Latin American Coal - Colombia
- Minerals Council of Australia
- Heidelberg Cement - Germany
- Ceylon Electricity Board - Sri Lanka
- Offshore Bulk Terminal Pte Ltd, Singapore
- European Bulk Services B.V. - Netherlands
- Star Paper Mills Limited - India
- The State Trading Corporation of India Ltd
- Ministry of Finance - Indonesia
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- Australian Coal Association
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- Pipit Mutiara Jaya. PT, Indonesia
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- Bukit Makmur.PT - Indonesia
- Straits Asia Resources Limited - Singapore
- Sinarmas Energy and Mining - Indonesia
- IEA Clean Coal Centre - UK
- Petrochimia International Co. Ltd.- Taiwan
- Eastern Coal Council - USA
- Indo Tambangraya Megah - Indonesia
- Formosa Plastics Group - Taiwan
- Binh Thuan Hamico - Vietnam
- Port Waratah Coal Services - Australia
- Central Java Power - Indonesia
- OPG Power Generation Pvt Ltd - India
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- Salva Resources Pvt Ltd - India
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- IHS Mccloskey Coal Group - USA
- Ind-Barath Power Infra Limited - India
- Directorate Of Revenue Intelligence - India
- Cigading International Bulk Terminal - Indonesia
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- Savvy Resources Ltd - HongKong
- Wood Mackenzie - Singapore
- Chamber of Mines of South Africa
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- Singapore Mercantile Exchange
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- Agrawal Coal Company - India
- Tata Chemicals Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Planning Commission, India
- Anglo American - United Kingdom
- Toyota Tsusho Corporation, Japan
- Bhushan Steel Limited - India
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